Pakistan, the next outsourcing hub?
With India and the Philippines ratcheting up the rates, will Pakistan be able to jump on the BPO bandwagon?
Fintechs: Goliaths of today, dinosaurs of tomorrow?
Innovation is not the done thing in Pakistan’s commercial banking and soon Pakistan’s financial services industry is expected to witness a David-and-Goliath contest of sorts, with Fintechs with negligible capital taking on commercial banks with billions, even trillions, in assets – and beat them
Padding up the cement tycoons’ coffers
With CCP timidly looking away, the APCMA is running a cartel, setting up production quotas and extracting rapacious rates from captive consumers
OGRA raises gas prices by 300pc for domestic consumers
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has jacked up gas prices for domestic consumers by 300 per cent while 30...
Motorbike, three-wheeler sales up by 16.18pc
ISLAMABAD: The sale of motorbikes and three-wheelers in the country during first 11 months of the current fiscal year (2017-18) increased by...
China’s central bank to reduce reserve requirement
BEIJING: China’s central bank announced Sunday it would reduce the reserve requirement ratio (RRR) for most banks by 50 basis points to...
SBP unveils procedures for investment in amnesty bonds as scheme lags behind targetÂ
ISLAMABAD: The outgoing government's dream to collect three to four billion dollars through the amnesty scheme seems to have shattered as only...
PSDP releases Rs1,054,249m for Food Security, Research
ISLAMABAD: The government has released Rs1054.249 million under its Public Sector Development Programme (PSDP) 2017-18 as compared the total allocation of Rs1615.669...
Gender-based bank loans to help empower women
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Ghazanfar Bilour has said that we are dedicated to promoting...
Rice exports record $1,889b, up by 29.15pc from last year
ISLAMABAD: An increase of 29.15 per cent in rice exports was registered during 11 months of the current fiscal year as about...
Furniture manufacturers demand tax exemptions until 2025
ISLAMABAD: The Pakistan Furniture Council (PFC) Sunday urged the federal government to declare the furniture industry, a tax free sector till 2025...
Power Cement completes financing for new plant
One of Pakistan’s leading cement producers, Power Cement Ltd has completed the financing arrangements of Rs24.9 billion ($205 million) for the 2.5Mta...
Amnesty Scheme 2018: New legislation worldwide to result in confiscation of foreign funds, warns FBR chief
ederal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha, while highlighting the problems likely to be faced if anyone chooses not to declare foreign assets under Amnesty Scheme
Indices bleed as external pressure mounts
Negative news regarding mounting Current Account Deficit and downgrade in credit outlook by Moody’s kept market under pressure during the week as index lost 5 per cent, closing at 41,637.
SC asks govt to reevaluate process of levying taxes on POL products
The Chairmen of Oil and Gas Regulatory Authority (Ogra), Federal Board of Revenue (FBR) and MD Pakistani State Oil (PSO) were instructed to provide reports about a fresh formula for the correct fixing of prices for POL products in a span of ten days